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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (13859)	5/25/2022 8:43:28 PM
From: Kirk ©	Respond to of 26426

I just looked at Nvidia after they were down more in AH today. I have never owned but for mutual funds, but someone close to me has been trying to catch a falling knife... Still not cheap either.

To: Kirk © who wrote (13859)	5/26/2022 10:04:28 AM
From: robert b furman	Read Replies (1) \| Respond to of 26426

Hi Kirk, We loaded up a long time ago. What it looks like to me is an ABC corrective flat. That may well have ended. If so, the final 5 wave of this long impulsive wave will be terminating not too far into the future. That will usher in a more severe and longer in time corrective wave. If that scenario prevails, we will need to do much more earnest selling into this final wave of strength. It should be marked with faster parabolic rise, which should make everyone long wealthy and smarter. It's final moments should be marked by 75% plus of all investors having bullish sentiment. Key to the final wave which can also extend and/or truncate, is fighting off greed and being out early while everyone else gets a short term boost in the IQ. <smile> Bob

To: Kirk © who wrote (13859)	5/26/2022 10:10:26 AM
From: robert b furman	Read Replies (1) \| Respond to of 26426

I have added some INTC stock in my account. My May $42.50's were assigned over the weekend. I sold the puts while driving up to Wiscosn. Sold them for 60 (left 50 cents on the table), but my net assigned purchase price was 41.90. with a dividend yield of 3.5%. Tracking position of 1000 shares and have sold at a better premium some June $42.50 @$1.91 and July $40.00 @ $1.75. Still getting a feel for INTC at this price. Last time I sold puts on INTC was years ago ate the $20.00 strike price. We're getting old! Bob